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Fly News Breaks for April 26, 2017
VIAB
Apr 26, 2017 | 07:53 EDT
Credit Suisse analyst Omar Sheikh raised his price target for Viacom to $55 from $50, arguing that the company will be the "biggest beneficiary" amongst peers of targeted linear TV advertising in the U.S., which can drive an acceleration in industry ad growth long-term. The analyst reiterates an Outperform rating on the shares.
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